Born on October 28, 1931 in Ottawa, Ron Barbaro later moved to
Windsor where he entered the insurance industry in 1955, working for
North American selling life insurance door-to-door.
In 1970, Ron established Win-Bar, a private insurance brokerage firm
in Toronto. It was a one-stop insurance agency. Ron stayed there for
15 years and served as its president.
Ron was made president of the Prudential Insurance Company of
America, Canadian operations, in November 1985. Mr Barbaro's
invention of the "Living Benefit"
was something he invented while at Prudential and is now almost an
industry standard worldwide with most other insurance companies
implementing there versions of "living Benefits."
Ron tried retirement in 1994. However, this was short-lived. He
began working again, this time as a director of the investment
banking firm; Clairvest Group Inc. in Toronto.
In 1998, Ron became president and CEO of the Ontario Casino Corp. In
April 2000, the Ontario Casino Corp. and the Ontario Lottery Corp.
amalgamated and Ron became chairman and CEO of the Ontario Lottery
and Gaming Corporation.
Barbaro has always been a very active member of his community. One
of the toughest sales Barbaro ever made was bringing the first ever
Giant Panda exhibit to Canada from Asia when he was chairman of the
board for the Metro Toronto Zoo.
In response to the AIDS crisis, while working there, he pioneered
the development of the company’s living benefit, a policy option
that enables policyholders who are terminally ill to collect life
insurance benefits while they are still living.
Barbaro has also co-chaired the Metro Toronto Santa Claus Parade
Throughout his career, Ron has received many awards and
distinctions. On May 10, 2000, he received the "Outstanding
Contribution to the Canadian Gaming Industry" award at the Canadian
Gaming Conference’s annual dinner in Winnipeg.
Barbaro was also presented with a Doctor of Humane Letters honorary
degree from Eastern College, Philadelphia, in 1992, in recognition
of his significant, positive contribution to the business world.
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